How is a cash card different from a debit card?

1 Answer

Answer :

A cash card is normally referred to as a prepaid card. They are reloadable and you have to put money on them before you can use them.

Related questions

Description : What are my options for getting cash from my checking account without the physical debit card?

Last Answer : My guess is that your fate will be determined by the temperament of whichever bank employee you happen to draw. The way I see it, so cavalier an attitude regarding your debit card raises some intriguing questions.

Description : What's better when traveling, use your credit card to get cash or use your bank debit card?

Last Answer : I would guess that withdrawing cash from an ATM is cheaper using a debit card than a credit card as the credit card company nomally charge you a fee on top of the higher rate of interest.

Description : Which one is not online payment mode? a) Cash on delivery b) Debit card c) Credit card d) E-cheque

Last Answer : d) E-cheque

Description : Which one is also known as plastic money? a) Credit card b) Debit card c) Paper cash d) All of the above

Last Answer : a) Credit card

Description : …………………. Is a form of E - Currency that exists only in cyber space. a. ATM Card b. Credit Card c. Digital Cash d. Debit Card

Last Answer : c. Digital Cash

Description : Which one is not an online payment mode? a. Cash on delivery b. Debit card c. Credit card d. e‐cheque

Last Answer : a. Cash on delivery

Description : Which one is also known as plastic money? a. Credit card b. Debit card c. Paper cash d. All of the above

Last Answer : a. Credit card

Description : In Electronic cash payment a. a debit card payment system is used b. a customer buys several electronic coins which are digitally signed by coin issuing bank c. a credit card payment system is used d. RSA cryptography is used in the transactions 

Last Answer : b. a customer buys several electronic coins which are digitally signed by coin issuing bank 

Description : How is a debit card with a checking account different from this >PASS card?

Last Answer : It's like a cross between a checking account and a gift card. With a pre-paid card, your parents deposit money onto the card, and can reload more money as you spend it down. In that way it's ... costs $50, your card will be declined and you will have to find another way to pay for your purchase.

Description : (i) Overdraft as per cash book means debit balance as per cash book.

Last Answer : Correct and rewrite the following statements. (i) Overdraft as per cash book means debit balance as ... on overdraft A/c is income for the business.

Description : (i) Excess of a total of debit side over a total of credit side of Cash Book, Bank column.

Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Excess of a ... balance of the bank column of the Cash Book.

Description : A credit memorandum is used as documentation for a journal entry that requires a debit to a. Sales and a credit to Cash. b. Sales Returns and Allowances and a credit to Accounts Receivable. c. ... and a credit to a contra-revenue account. d. Cash and a credit to Sales Returns and Allowances.

Last Answer : d. Cash and a credit to Sales Returns and Allowances.

Description : The collection of a $900 account after the 2 percent discount period will result in a a. debit to Cash for $882. b. debit to Accounts Receivable for $900. c. debit to Cash for $900. d. debit to Sales Discounts for $18.

Last Answer : c. debit to Cash for $900.

Description : The collection of a $600 account within the 2 percent discount period will result in a a. debit to Sales Discounts for $12. b. debit to Accounts Receivable for $588. c. credit to Cash for $588. d. credit to Accounts Receivable for $588.

Last Answer : a. debit to Sales Discounts for $12.

Description : Speedy Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The ... Receivable, $940. d. debit Accounts Receivable, $940; credit Cash, $450 and Service Revenue, $490.

Last Answer : c. debit Cash, $450 and Service Revenue, $490; credit Accounts Receivable, $940.

Description : I used my debit card at a gas station in another state the other day. Now they are texting me about specials. Can my bank legally give out my phone number at businesses where I use my card?

Last Answer : It sounds like something that might fall under your state laws. Google your state laws, that’s where I would start.

Description : Have you successfully retrieved money from a fraud claim you filed on your debit card?

Last Answer : I did. It took a few days, but I only dealt with my bank. Actually, the bank had called me first, suspecting that the transaction was fraudulent.

Description : Have chip-card debit credit cards been a failure in the US?

Last Answer : I have had fewer problems with chip cards than I did with cards that only had a mag strip that got scratched and unreadable. And he problems seem to be the reader, not the cards. My cards also don’t get bent or sat upon. I have a metal wallet that I carry in my front pocket.

Description : Why are the ATM machines still busy, if people can pay with credit card, and debit card just about any store nowadays?

Last Answer : It doesn’t cost me anything to use the ATM at my bank. And sometimes I just want to pay with cash. If I’m out with friends, I pay my share with cash. At strange gas stations away from home I prefer to pay with cash. Buying a quick donut or sandwich, cash.

Description : Can you buy food with a debit card if it has a negative balance?

Last Answer : Depends on your bank’s policy. Mine would allow it then slap me with some hefty overdraft fees.

Description : When a debit card does not have a chip, am I still able to track it?

Last Answer : Yes. The company who issued the card will be able to track where yours was last used.

Description : Help! How can I get paid in bitcoin and use a bitcoin debit card?

Last Answer : answer:You don't say where you live, so it is hard to answer. First of all, you have to find someone willing to pay you in bitcoin. That won't be in the US, but maybe you can find an ... very many bitcoin ATMs that will convert to real money. I live near San Francisco, and there are only a few.

Description : Does anyone know what prepaid Visa debit card allows you to withdraw more than $300.00 dollars at one time?

Last Answer : You can contact your bank to find out what the current limit is on your account and have them increase the withdrawal limit. Contact customer service (MetaBank) at 1–866-331–8745; they can help you.

Description : PayPal Gurus: Why can I no longer access my bank debit card for checkout?

Last Answer : I’ve heard of other people with this issue, but never really looked into it, but they also got a paypal debit or credit card

Description : My parents think I'm stealing money from their debit card?

Last Answer : I learned both as a kid and later in my career that an honest admission usually solves problems like this quickly and relatively painlessly. The more you avoid telling your parents what happened, the guiltier you ... told us and I'm betting they'll understand. Good luck. Let us know how it goes.

Description : How can I use my debit card without knowing my pin number, or any of my accounts information?

Last Answer : Yes, go to your bank with identification. I have an on-line access to my account and can change the pin number, just have to log on with my ID and password.

Description : What would be the difference if I pay my Netflix monthly fee with Paypal instead of my Visa debit card directly?

Last Answer : One thing I learned. If you use your Visa/Debit and the funds aren’t available then the charge will just be declined (unless you have overdraft protection) but with PayPal, they will keep trying to make the charge go through and will assign NSF fees in addition to any your bank does.

Description : What investigation takes place when you report fraudulent activity on your debit card?

Last Answer : answer:So, it depends to a degree on your bank's policy. You've attested wrongful charges, Netflix will look into it to see if it was indeed wrongful. They may or may not find it so, definitions get a ... later I got a letter saying, in short you're fine, all charges taken care of . So good luck!

Description : Who is responsible for credit card debit when someone dies?

Last Answer : The estate pays all debts before any inheritance is handed over.

Description : Will the banks start charging us for using a debit card?

Last Answer : A safe alternative is checks. Some banks give a certain number of free checks per month, and some have unlimited free checks. They may require a minimum in checking. (I just paid $1 fee yesterday for ... on Monday about and try to get them to reverse. It's new since Wachovia became Wells Fargo).

Description : Does anyone use the American Express debit card?

Last Answer : answer:

Description : Why was my debit card rejected on the UK Amazon site?

Last Answer : Was it for something really expensive? I know my card has a limit where it’ll reject it if I try to buy something really expensive (like a laptop).

Description : Does anyone use the Skylight prepaid debit card?

Last Answer : answer:Never heard of it, but myskylightcard.com has a location finder, and instructions for how to do so. Note that the instructions inform you that some locations may charge a small fee to ... would use this. What is the advantage over just using a debit card connected to your bank account?

Description : Paypal debit card possible?

Last Answer : answer:I don’t see why not. it is, in effect, a checking account. How do you implement it? I don’t see how. They are unlikely to give you a finder’s fee for the idea, which they have probably already thought of.

Description : How long does it take for your debit card to activate ?

Last Answer : answer:I think it just depends on the bank and how you activated it. If you did an automated activation thing, it may take longer than if you had talked to someone directly. I’ve never tried to use a card right after activating it, but I have used them the next day without a problem.

Description : In your experience which is the best pre paid debit card around? I need one I can add money to without a high cost for adding the money.

Last Answer : It depends on how you add the money. There is no fee for direct deposit, such as from an employer or Social Security, no fee for a transfer from a bank account not all banks will accept transactions Upside.com provides the Upside card for a monthly fee of $1.99

Description : Is it safe to use your debit card at gas pumps?

Last Answer : john65pennington I think that Shell is adding a bit of security. When I use my credit card at Shell I have to enter my zip code. If I type it wrong I have to go inside and talk to the clerk. You should be fine with your debit card.

Description : Why do banks care if you use debit or credit when paying with your bank card?

Last Answer : The law protects you if you use a credit card for purchases. You are not liable in case of fraud, etc. The bank must pay or go after the company, and you have limited liability. With a debit ... like gasoline or groceries. Instead, use your debit card to pay bills you are sure you owe, etc.

Description : My protagonist in a second childhood novel will use his credit & debit card from his previous life. What happens later?

Last Answer : OK, I can’t be bothered to write your novel for you unless I get a decent ghost’s pay, but here is a must. The whole thing begins to unravel when investigators of thse bogus charges made to the dead man’s credit cards track the purchases down to young Tanaka and charge him with murder.

Description : Can I deposit a rebate prepaid debit card into my bank account or do I have to spend it at a store?

Last Answer : you could spend it on groceries… that way it wouldn’t be something you don’t need.

Description : What percentage of college students have a credit and/or debit card?

Last Answer : I have a check card. I can deposit money into the account and withdraw cash like a debit card, but I can also use it in stores or online like a credit card without having to type in my pin.

Description : Is there a travel debit card for students?

Last Answer : You should have a bank/Checking acoount. I’m 16 and have a debit card. I can use it anywhere. My bank server is Wells Fargo…so I don’t know if you have those in Scotland. BTW welcome to Fluther! :)

Description : Does having only a debit card do absolutely nothing for establishing credit?

Last Answer : It sounds like you need to get a credit card. Just pay most of the balance off every month (I think keeping a small balance is better than paying the entire balance off every month, but I'm not 100% ... . If you have a cell phone bill, rent, utilities, etc., that's another way to establish credit.

Description : Are there any safety differences between linking my debit/Visa card to a website and linking my bank account directly?

Last Answer : Yes! Use your credit card. With your credit card, if something goes wrong, you can always charge back. With your debit card, the money is gone directly from your account and the power for the dispute is ... is something you can't do with your debit card' as the person a few comments down says.

Description : If a debit card transaction is PENDING, does that mean the charge will definitely go through?

Last Answer : No, it means that they are aware of it, but haven't as yet approved it. They will automatically reserve funds in the expectation of approval, but that is all. Usually if you are an established customer - ... whatever. They aren't out to get you, they want your business - but at no risk to them.

Description : Do you get unemployment payments in CA by debit card or old-fashioned check?

Last Answer : A friend of mine gets checks in the mail. He is in CA.

Description : What would you do You find a billionaires wallet and his debit card and business debit card is in the wallet?

Last Answer : Return it. I don't want to be prosecuted for fraud, and I might get a reward for giving it back.

Description : Are there hotels in LA that let 18 year olds rent rooms and can you rent one with a debit card?

Last Answer : If you have a debit card, you can probably book a room through hotels.com. Their terms of use stipulate that you must be at least 18.

Description : Do you sign the back of your credit/debit card?

Last Answer : No, mine say “See ID”. They usually don’t ask me at all either, so when someone does I make sure I say something like “Thanks for asking for ID” so they know and will maybe do it for other customers, too.

Description : What's the difference between a debit and a credit card ?

Last Answer : If you use debit card you spend money from your bank account and if you use credit card you will get it as your loan so you will have to repay the loan later. The advantage of a credit card is that ... anyone, you can borrow from that. As a result, you have to pay interest on the loan to the bank.